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HDFC Life elevates Suresh Badami as Deputy Managing Director

by AIP Online Bureau | Oct 30, 2022 | Briefs, Life

Mumbai: HDFC Life, the second largest private sector life insurers, at its board meeting, announced that it has elevated Suresh Badami to the role of deputy managing director with effective from October 21. Suresh has a rich and diverse experience of 27+ years in...

HDFC Life posts Rs 686 crore net income in September quarter

by AIP Online Bureau | Oct 21, 2022 | Indian News, Life

Vibha Padalkar,Managing Director and Chief Executive Officer of HDFC Life said, ”we can easily do away with 100-150 branches from the existing 383 (ours and around 200 of theirs). Some of our own branches will also be shuttered but there won’t be any...

HDFC Life announces completion of Exide Life merger

by AIP Online Bureau | Oct 15, 2022 | Indian News, Life, Regulation

“We are delighted to have completed the entire transaction in a short span of time. This merger has been made possible due to the encouragement, timely approvals and support from our regulator – IRDAI and all other authorities involved in the process”...

Irdai grants approval to merger of Exide Life into HDFC Life

by AIP Online Bureau | Oct 13, 2022 | Indian News, Life, Regulation

With the transfer of its life insurance business to HDFC Life, Exide Industries acquired 4.12 per cent stake in HDFC Life New Delhi: Insurance sector regulator Irdai has granted final approval to HDFC Life Insurance Company Ltd (HDFC Life) to merge Exide Life into the...

HDFC ERGO and HDFC Life jointly launch term insurance policy with a health cover

by AIP Online Bureau | Sep 22, 2022 | Health, Indian News, Life

Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance Company, said, “Combined products are ultimate customer friendly solutions, where a customer can enjoy benefits of two products under a single plan without any hassles. With launch of this plan, we have...
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